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Top 100 products, services honoured

Top 100 products, services honoured

The Consumption Consultation magazine and Vietnam Economic Times hosted a ceremony in Ho Chi Minh City on November 25 to honour 100 products and services voted by consumers this year.

Purchasing power decreases 0.3% in August

Purchasing power decreases 0.3% in August

The total national retail value of goods and services in August reached nearly VND292.8 trillion (US$13 billion), with purchasing power declining 0.3% against July.

Local retailers find new ways

Local retailers find new ways

Several domestic retailers have been actively changing their business strategies to improve their distribution channels after big foreign supermarkets such as Big C and Metro increased discount levels to 20-25%.

Vietnamese prefer to patronize foreign-made goods

Vietnamese prefer to patronize foreign-made goods

VOV.VN - The vast majority of the nation’s consumers say they prefer to purchase foreign made products instead of lower priced local alternatives, according to Dinh Thi My Loan, president of the Vietnam Retailers Association.

Central Group wins bid for Big C Vietnam

Central Group wins bid for Big C Vietnam

Thailand’s Central Group and a Vietnamese partner have beaten many strong local and foreign rivals in a highly competitive bid for Big C assets in Vietnam.

Saigon Co.op enters second round of bidding for Big C

Saigon Co.op enters second round of bidding for Big C

According to newswire thesaigontimes.vn, Saigon Union of Trading Cooperatives (Saigon Co.op), the owner of the Co.opmart supermarket chain, has passed the first round of bidding for Big C Vietnam, presently owned by French retailer Casino.

Supermarkets, malls battle for sales

Supermarkets, malls battle for sales

Le Minh Tuyen of HCM City, who was choosing a Tet (Lunar New Year) gift hamper, said, "Products for this Tet are abundant, diversified and have more eye-catching packaging compared to previous years, especially confectionary and sweets."

Stocking up for Tet costs firms $723m

Stocking up for Tet costs firms $723m

HCM City-based consumer companies have completed plans to produce enough goods for Tet (Lunar New Year), which falls on February 8 next year, according to the city Department of Industry and Trade.

Nam Duong Sauce gets infusion from Wilmar International

Nam Duong Sauce gets infusion from Wilmar International

(VOV) - Singapore-based agribusiness giant Wilmar International has agreed to invest US$13 million in a 49-51 deal with Vietnamese sauce maker Saigon Co.op to produce differing types of sauces and spices.

Chain stores to answer consumer needs

Chain stores to answer consumer needs

Domestic and foreign retailers are mulling over plans to develop a range of convenience store chains across Vietnam, in hopes of meeting rising consumer demand with this high-potential business model.

Savvy Thai retailers take aim at Vietnam

Savvy Thai retailers take aim at Vietnam

(VOV) - The role of Thai business in Vietnam’s marketplace has grown significantly over recent years, and experts expect this trend to continue— particularly in light of the ASEAN Economic Community (AEC) coming to fruition later this year.

Saigon Co.op makes Asia Pacific top 10 retailer list

Saigon Co.op makes Asia Pacific top 10 retailer list

(VOV) - Retail Asia magazine on November 10 unveiled the selection of Saigon Commercial Cooperative Union (Saigon Co.op) and The Gioi Di Dong (Mobile World) as among the top 500 Asia-Pacific retailers at an awards ceremony in Singapore.

Forum discusses local supply chain

Local producers and distributors discussed ways to enable more locally made goods to enter large distribution systems during a seminar organised recently in Ho Chi Minh City.

Singapore investors keen on widening footprint in Vietnam

Singapore investors keen on widening footprint in Vietnam

(VOV) - Singaporean companies are keenly interested in enlarging investment and grasping opportunities to do business with Vietnamese business partners, said Minister in the Prime Minister’s office Lim Swee Say.

Saigon Co.op receives Asia-Pacific award

Supermarket chain Saigon Co.op has received the Consumer Service Excellence Award by the Federation of Asia-Pacific Retailers Associations (FAPRA).
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